Uncovering Hidden Value Within Your Organization

Uncovering Hidden Value Within Your Organization

As a director or financial controller, you likely feel constant pressure to cut costs and boost efficiency. Rather than looking externally to solve these problems, have you considered the untapped potential within your own organization?

Your employees encounter inefficient processes and potential improvements daily. They have valuable insights but may hesitate to speak up due to concerns their input won't be implemented or could reveal problems that reflect poorly on them.

This perception gets baked into the culture when they present poorly articulated business cases and requests for expenditure that are summarily rejected.

To encourage an innovation culture:

  • Implement simple processes for submitting ideas.
  • Communicate the types of suggestions you're looking for.
  • Personally review submissions and provide feedback.

Employees want their voices heard. When you show their insights matter, you empower them to identify waste and opportunities for optimization you may have overlooked.

Seeking ideas internally complements external solutions like new systems and tools. Combining internal creativity with regular analysis of your IT portfolio ensures alignments with strategic goals.

The most successful optimization strategies are multifaceted. They leverage:

  • Internal idea generation
  • Ongoing IT portfolio analysis
  • Digital transformation workshops
  • Managed services

With a holistic approach, you can cut costs, boost efficiency, and drive growth through innovation. The key is uncovering the ideas and potential already within your organization.

Empower your team to help shape the future success of your company.

If you would like to discuss in more detail how to put this into practice in your business, please message me or schedule a time in my diary to catch up.

I would be happy to provide specific recommendations tailored to your organization's needs.

要查看或添加评论,请登录

Leigh Brotherston的更多文章

  • Does your technology spending match your growth plans?

    Does your technology spending match your growth plans?

    Taking a comprehensive look at all your IT projects is crucial to make sure your tech investments support strategic…

  • Integrating Cybersecurity in Business Strategy

    Integrating Cybersecurity in Business Strategy

    The Executive's Guide to Cybersecurity Part 4 As a CEO or CFO, here are some important priorities you should consider…

  • Making Cybersecurity a Continuous Effort

    Making Cybersecurity a Continuous Effort

    The Executive's Guide to Cybersecurity Part 3 As a CEO or CFO, here are the top six priorities you should consider when…

  • Implementing Security Measures

    Implementing Security Measures

    The Executive's Guide to Cybersecurity Part 2: As a CEO or CFO, here are the top six priorities you should consider…

  • Understanding the Digital Landscape

    Understanding the Digital Landscape

    The Executive's Guide to Cybersecurity Part 1: As a CEO or CFO, here are the top six priorities you should consider…

  • Fostering Innovation While Maintaining Security

    Fostering Innovation While Maintaining Security

    The Executive's Guide to Cybersecurity As a CEO or CFO, here are some additional priorities you should consider when…

  • Invest in Advanced Security Solutions

    Invest in Advanced Security Solutions

    The Executive's Guide to Cybersecurity: As a CEO or CFO, here are some important priorities you should consider when…

  • How are you protecting your business against cybercrime?

    How are you protecting your business against cybercrime?

    Maybe you’re relying on your local computer guy or managed services support with only off the shelf antivirus to…

  • What Digital Advisors Do

    What Digital Advisors Do

    Many small and mid-size organizations actively find opportunities to improve business operations, sales, marketing…

    1 条评论
  • Let's Clean Up Your Internet Service!

    Let's Clean Up Your Internet Service!

    For most companies, fast internet access and reliable connectivity is a critical business service. Any internet…

社区洞察

其他会员也浏览了